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Honduras Unable to Reach Agreement on Letter of Intent with IMF

LADB Article ID: 55291
Category/Department: Honduras
Date: 1997-03-13
By: LADB Staff

President Carlos Roberto Reina's Economic Cabinet failed to reach an understanding with the International Monetary Fund (IMF) on economic plans for 1997. Without IMF support, the Honduran government will be unable to secure all of the new international loans that it has worked into its forecasts.

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